Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against MEXC0.000%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.928% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now 0.000%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.048% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RARE_USDT | 0.01325 | 0.0100 | pay 0.0050% / 4h | 40m 16s | $585K | $170K | 100x |
| Short | BingX RARE-USDT | 0.01325 | 0.0070 | get 0.0035% / 4h | 40m 16s | — | $1.3M | — |
MEXC RARE_USDT
BingX RARE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: 0.000% → +0.048%
- −$4.79
- Slippage, 4 orders
- −$78.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$103.85
- Costs to cover
- 0.928%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 55 min ago; BingX: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 55 min ago | 3.80 bp | 8.7 bp −$9 | 98.5 bp −$985 | 210.6 bp −$21.1K | 263.4 bp −$131.7K |
| Sell BingX live order book, 5 min ago | 7.54 bp | 43.0 bp −$43 | 117.6 bp −$1,176 | 641.5 bp −$64.2K | doesn't fit |
RARE on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDTshort | +0.0070% | 4h | 0.01325 | 0.000% | — | $1.3M | — | |
| Aster RAREUSDT | +0.0100% | 4h | 0.01326 | +0.056% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01325 | +0.022% | $1.6M | $1.1M | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01324 | −0.075% | $49K | $27K | 20x | as long as short |
| MEXC RARE_USDTlong | +0.0100% | 4h | 0.01325 | long leg | $585K | $170K | 100x | |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01327 | +0.151% | $203K | $70K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01326 | +0.075% | $234K | $71K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01328 | +0.207% | $1K | $2K | — | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01326 | +0.098% | $310K | $90K | 25x | as long as short |
| BloFin RARE-USDT | +0.0126% | 4h | 0.01326 | +0.075% | $105K | $12K | 25x | as long as short |
Aster RAREUSDT
Binance RAREUSDT
Gate RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RARE
Bybit RAREUSDT
BloFin RARE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.1807% | 1h | 0.01338 | +0.963% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD